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After a pause in the sale of the Quarter Pounder in a fifth of its U.S. restaurants since Oct. 23, the company said it will be added back to the menu this week.
Although inflation is slowing, cost-conscious consumers are eating more at home or at lower-cost fast-food restaurants, where the average check is $7.92, about half the average check at a sit-down ...
Overall, restaurant spending has fallen in four of the past six months for the first time since the pandemic began, Census retail sales data shows. Restaurant cost increases are barely slowing, in ...
Rubio's also has been struggling under the shadow of Mexican restaurant giant Chipotle in the hyper-competitive segment known as fast casual. And then there were the costs: rising food prices and ...
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
"Being an industry leader with 1,500 restaurants, we regularly review the performance of our restaurants. At times, like all leading national restaurant chains, we make a tough decision to close one.
Excluding car and gas sales, sales rose 0.6%. As they have been doing for much of the year American consumers, a huge engine for economic growth in the U.S., hit the stores, shopped online, went ...
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